2015 United States federal budget

189: 1336: 526:(R-OH) called Obama's proposal "his most irresponsible budget yet," arguing that "American families looking for jobs and opportunity will find only more government in this plan." The Speaker also that said that "this budget is a clear sign this president has given up on any efforts to address our serious fiscal challenges that are undermining the future of our kids and grandkids." 262:, the federal budget is "a compilation of numbers about the revenues, spending, and borrowing and debt of the government. Revenues come largely from taxes, but stem from other sources as well (such as duties, fines, licenses, and gifts). Spending involves such concepts as budget authority, obligations, outlays, and offsetting collections." 513:

Explaining some of the choices he made in his budget proposal, President Obama said that "we've got to make a decision if we're going to protect tax breaks for the wealthiest Americans or if we're going to make smart investments necessary to create jobs and grow our economy and expand opportunity for

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for the following year. Budget documents include supporting documents and historical budget data and contains detailed information on spending and revenue proposals, along with policy proposals and initiatives with significant budgetary implications. In addition, each federal executive department and

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The Congressional Black Caucus's budget proposal would spend $ 3.26 trillion, reverting the cuts to food stamps and lengthening the time period over which people can receive unemployment insurance. Their proposal was voted against in a vote of 116–300. Of the six budget proposals that received votes

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The Republican Study Committee offered their own budget proposal, one that would spend only $ 2.8 trillion. This budget proposal was defeated by a combination of all Democrats with 97 Republicans. The final vote total was 133–291. This budget proposal would balance the federal budget in four years,

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was considered to have largely settled disputes about budget levels, but House conservatives had insisted that a plan be drafted that would support them in the upcoming 2014 elections. As of April 1, Senate democrats did not plan to draft their own budget. The Ryan plan used an accounting mechanism

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On February 27, 2015, a one-week continuing resolution was passed just hours before the Department of Homeland Security was to shut down. The full-year appropriations bill for Homeland Security was passed on March 3, after Republican House leadership dropped demands to attach provisions rolling

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referred to the yearly requirement that the President submit a budget proposal as an "annual ritual," saying that as soon as it would be released, "lawmakers will promptly ignore it." However, the proposal does "highlight" policy proposals and allow Democrats to contrast their plans with those of

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President Obama's budget proposal only addresses about a third of the federal government's total estimated spending for fiscal year 2015. The federal government's total estimated spending would be $ 3.5 trillion, while Obama's budget only addresses $ 1.014 trillion. The difference was due to most

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Even the Obama Administration itself admitted that this budget proposal was not expected to be used to build a budget. Politico reported that "the White House isn't even pretending that this year's budget is a governing document" and that this was "a budget he would implement in an ideal world."

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The Democratic Caucus in the House also offered their own budget proposal, one that was rejected in the House in a vote of 163–261 on April 10, 2014. The Democratic Caucus's budget proposal had 31 Democrats vote against it. The proposal would have spent $ 3.1 trillion in 2015 and was considered

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reported that many of Obama's suggested new taxes have been ignored in the past by Congress, as have many of his ideas for increased spending. Due to the mid-term elections in November 2014 and the ongoing campaigns for re-election, Congress was not expected to act on many of Obama's proposals.

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The budget does not determine the actual spending of the federal government. Instead, the budget establishes the amounts that appropriations subcommittees are allocated to spend (called 302(b) allocations) on the various agencies, departments, and programs within the purview of each. The twelve

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unveiled the Republican budget plan. The plan would cut $ 5 trillion in spending over 10 years, and envisions that increases in economic growth would increase tax revenue and balance the budget by 2024. Under the plan, 10-year military spending would increase by $ 483 billion, while nondefense

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only. However, some people consider "the power to formulate and submit the budget... a vital tool in the President’s direction of the executive branch and of national policy." The President's budget request can influence the decisions made by Congress; the degree of influence changes based on

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2015 budget request on March 4, 2014. This budget proposal was one of several proposed budgets considered in the process of creating the 2015 United States federal budget. President Obama's proposed budget was for $ 3.9 trillion. President Obama's budget proposal was described as being full of

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President Obama's budget proposal was described as being full of "populist proposals" and as a "populist wish list." Some of the populist programs include more spending on pre-school education, tax credits for childless low-income workers, and more than $ 1 trillion in new and higher taxes.

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discretionary spending would decrease by $ 791 billion. The budget would also repeal the Affordable Care Act, including reversing its expansion of Medicaid, and cap the food stamp program. Republicans had previously considered not drafting a budget plan because the

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These tables are in billions of dollars. A green cell represents an increase in spending, while a red one indicates a decrease in spending. Outlays represent funds actually spent in a year; budget authority includes spending authorized for this and future years.

533:(R-AL), the ranking member on the Senate Budget Committee said that "it's disappointing that the president produced a campaign document instead of putting forth a serious budget blueprint that makes the tough choices necessary to get our fiscal house in order." 342:"populist proposals" and as a "populist wish list." The proposal was not seen as a politically practical measure that would be used or taken seriously by Congress. The White House described this budget as "a budget he would implement in an ideal world." 220:

and does not become law. Until both the House and the Senate pass the same concurrent resolution, no final budget exists. Actual U.S. federal government spending will occur through later appropriations legislation that would be signed into law.

461:" that would set up minimum tax levies on the highest-earning Americans. Obama's budget would also increase the taxes on "large estates, financial institutions, tobacco products, airline passengers and managers of private investment funds." 620:(R-SC) criticized the proposal, saying that Democrats are "encouraging us to borrow more, and borrow more, and borrow more, and never lay out any plan whatsoever for paying that money back to the children from whom we are borrowing it". 285:(a)) requires that the President submit his or her budget request between the first Monday in January and the first Monday in February. In recent times, the President's budget submission has been issued in the first week of February. 627:

The Congressional Progressive Caucus proposal would spend $ 3.2 trillion and included higher taxes on millionaires. It would also end the sequester. The House voted against this proposal 89–327 on April 9, 2014.

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to reconcile differences between the House and the Senate versions. The conference report, in order to become binding, must be approved by both the House and Senate. Because the budget resolution is a

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Obama proposes to increase from $ 500 to $ 1,000 the maximum earned income tax credit for childless low-income workers. Doing this would cost $ 116 billion over the next 10 years.

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through February 2015. The House passed a two-day continuing resolution (a "CR" for short) at the same time, to prevent a government shutdown until the Senate could take action.

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similar to the plan offered by President Obama. The plan had provisions to extend unemployment insurance for another year and raise the federal minimum wage to $ 10.10. Rep.

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called Ryan's proposal the "mainstream GOP budget," contrasting it to other Republican alternatives such as the budget proposal offered by the Republican Study Committee.

237: 240:, enacted on December 16, 2014. Homeland Security was funded through an additional two continuing resolutions, and its final funding was enacted on March 4, 2015 as the 2887:- a chart comparing the sizes of allocations of different sectors in Obama's budget proposal that also indicates their change in funding in comparison to previous years 277:. The fiscal year in the United States is the 12-month period beginning on October 1 and ending on September 30 of the next calendar year. Current federal budget law ( 661:, popularly called the "cromnibus" bill, combining an omnibus spending bill funding the federal government through October 2015, with a continuing resolution for the 599:(D-WA) criticized this proposal, saying "the Republican budget asks not what you can do for your country, but proclaims your country refuses to do a thing for you." 388:

The President's proposal was also considered a "playbook" for Democrats' "election-year themes of creating jobs and narrowing the income gap between rich and poor."

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called dynamic scoring, which attempts to predict the macroeconomic fiscal impact of the policy changes, which was not typically included in budget proposals.

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political and fiscal factors. President Obama's budget proposal was a "comprehensive assembly of the White House's policy proposals and economic projections."

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Congress can, and often does, work on its own proposals independently of the President. The congressional budget resolutions are under the jurisdiction of the

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independent agency provides additional detail and supporting documentation on its own funding requests. The documents are also posted on the

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The President's proposal "would raise $ 651 billion by limiting tax deductions for the nation's highest earners" and by adding a "

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President Obama did not release his 2015 budget proposal until March 4, 2014, a delay he said was due to the need to wait for the

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reported that "very little of it is expected to become law - or even be seriously considered via legislation on Capitol Hill."

209: 2563: 3159: 2767: 437:. The number of active-duty soldiers would drop from 490,000 today to 440,000 over the next five years. At the height of the 188: 2477: 2217: 2188: 304:, it is not signed by the President and "does not have statutory effect; no money can be raised or spent pursuant to it". 3174: 1816: 446: 309: 3169: 2617: 2447: 725: 278: 2537: 1850: 3133: 3128: 3123: 3118: 3113: 3108: 3092: 3087: 3082: 3077: 3067: 3062: 3057: 3052: 3047: 3031: 3026: 3021: 3016: 3011: 3006: 3001: 2996: 2991: 2986: 2970: 2965: 2960: 2955: 2950: 2945: 2940: 2935: 2106: 1821: 1375: 445:

airplane. The total military budget would be about $ 496 billion, which was the same amount as fiscal year 2014. The

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through December 11, 2014. On September 17, 2014, the House passed the bill 319–108, and on September 18, 2014, the

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urged Representatives to vote for this budget, while Democrats argued that this proposal cut too much spending.

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The budget includes a proposal to tax large banks with $ 56 billion in "financial crisis responsibility fees."

296:. Traditionally, after both houses pass a budget resolution, selected representatives and senators negotiate a 266: 259: 217: 2260: 1970: 2592: 1826: 579: 500:, would generate $ 158 billion worth of savings due to increased government revenues from taxing immigrants. 392: 378: 2668: 484:

grants. The proposed funding would pay for 100,000 new public school teachers. He also proposed capping the

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was asking in its budget to have some bases closed in 2017 and have a smaller pay increase for the troops.

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in comparison to the Ryan proposal, which balances in 10 years. The conservative advocacy group

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Obama's proposal includes provisions involving universal pre-kindergarten, Head Start, and more

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2015, which runs from October 1, 2014 to September 30, 2015. The budget takes the form of a

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The President's budget was formulated over a period of months with the assistance of the

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government spending being non-discretionary spending for entitlement programs such as

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According to Obama, his proposal adheres to the spending limits established by the

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in the House, this was the proposal that would have spent the most money in 2015.

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The President's plan states that the passage of his proposed immigration law, the

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Analytical Perspectives, Budget of the United States Government, Fiscal Year 2015

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Border Security, Economic Opportunity, and Immigration Modernization Act of 2013

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Emily Stephenson; Mark Felsenthal; David Lawder; et al. (March 4, 2014).

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Bill Heniff Jr.; Megan Suzanne Lynch; Jessica Tollestrup (December 3, 2012).

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Bill Heniff Jr.; Megan Suzanne Lynch; Jessica Tollestrup (December 3, 2012).

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in order to become final, but never receives the signature or veto of the

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The process of creating a federal budget often publicly begins with the

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The government was initially funded through a series of three temporary

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President Obama's Proposed Fiscal Year 2015 United States Federal Budget

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Washington Post - Breaking down spending Obama's budget proposal

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to decrease in size to the smallest it has been since before

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